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Japan GDP Slips 0.7% On Quarter In Q3
(RTTNews) - Japan's gross domestic product contracted a seasonally adjusted 0.7 percent on quarter in the third quarter of 2023, the Cabinet Office said on Friday.
That missed expectations for a decline of 0.5 percent following the 1.2 percent expansion in the previous three months.
On an annualized basis, GDP dropped 2.9 percent - again missing forecasts for a decline of 2.1 percent following the 4.8 percent gain in the three months prior.
External demand was down 0.1 percent on quarter, while private consumption slipped 0.2 percent on quarter.
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Japan Household Spending Rises 2.1% On Year In March
The average of household spending in Japan was up 2.1 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - coming in at 290,511 yen.
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Pred 7 h 22 min
Japan Monetary Base Sinks 4.8% On Year In April
The monetary base in Japan was down 4.8 percent on year in April, the Bank of Japan said on Friday - coming in at 656.977 trillion yen.
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Pred 7 dňami
Japan Jobless Rate Ticks Up To 2.5% In March
The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in March, the Ministry of Internal Affairs and Communications said on Friday.
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Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty
The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
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The value of retail sales in Japan was up 3.1 percent on year in March, the Ministry of Economy, Trade and Industry said on Wednesday - coming in at 14.063 trillion yen.
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Japan Industrial Output Sinks 1.1% In March
Industrial production in Japan was down a seasonally adjusted 1.1 percent on month in March, the Ministry of Economy, Trade and Industry said on Wednesday.
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Japan Manufacturing PMI Inches Higher In April - Jibun
The manufacturing sector in Japan continued to contract in April, albeit at a slower rate, the latest survey from Jibun Bank revealed on Wednesday with a manufacturing PMI score of 48.5.
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Pred 16 dňami
Japan Nationwide Inflation Climbs 3.6% On Year In March
Overall consumer prices in Japan were up 3.6 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday.
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Pred 21 dňami
